Bangladesh finds new oil reserves in Sylhet

Bangladesh has discovered new 'commercially viable' oil reserves in Sylhet, the northern region of the country, following a three dimensional seismic survey in five gas fields in the region last......

German bank to process payments for India

In a temporary reprieve, India will pay for Iranian crude oil in euros through a German bank based in Hamburg, while a permanent solution to the payment issue will be explored at a meeting in......

Ambani brothers in race to make up for lost time

The skirmish that rocked India's most valuable business group seems a distant memory now, and the Ambani brothers seem to have only one thing in common these days - both are vigorously trying to......

HPCL off to Africa for retail binge

Hindustan Petroleum Corporation is looking for retail opportunities in the African countries. It would also be setting up a liquefied petroleum gas and a lube-blending plants in Bangladesh......